Sources: Reiter Set to Leave UBS for World Bank

Greg Reiter, an MBS research analyst at UBS, is leaving the company and is set to take a position at the World Bank, said industry sources. Reiter has worked at UBS since 2005, bolstering what is considered a strong MBS research team. Before joining UBS, he worked for two stints at Freddie Mac as a director. A spokeswoman at the World Bank was unable to confirm whether Reiter would join the institution and what his function might be.